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Psyllium Husk Powder Market Size

  • Report ID: GMI9016
  • Published Date: Apr 2024
  • Report Format: PDF

Psyllium Husk Powder Market Size

Psyllium Husk Powder Market size was valued at USD 283 million in 2023 and is anticipated to register a CAGR of over 5.5% between 2024 and 2032. Psyllium husk powder is a soluble fiber derived from the seeds of the Plantago ovata plant, commonly known as psyllium. It is highly sought after in a variety of businesses due to its remarkable nutritional and therapeutic qualities.

 

It is a rich source of soluble fiber found in dietary supplements that improve digestive health by controlling bowel movements and relieving constipation. It contributes to intestinal regularity and helps avoid gastrointestinal pain because of its capacity to absorb water and create a gel-like substance in the intestines. Furthermore, it is a common element in weight management products due to its low-calorie content and ability to enhance satiety.

As industries continue to invest in research and development, innovations in psyllium husk powder market are likely to emerge, catering to specific application requirements. Due to its booming industrial sectors and continuous developments, the North America region offers a considerable chance for market expansion.
 

The possibility of allergic responses in some people is a major risk in the market. These reactions are uncommon but can result in serious health consequences like itching, hives, or anaphylaxis. This concern emphasizes how crucial it is to provide consumers with accurate labeling and allergen information so they can make educated decisions.
 

On addition, other sources of fiber with comparable advantages to digestive health, like chia seeds, wheat bran, and oat bran, are competing on the market. Manufacturers of psyllium husk powder need to set themselves apart from the competition by highlighting special benefits such increased soluble fiber content, better digestion, or simplicity of inclusion into a range of food and beverage products.

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of psyllium husk powder reached USD 283 million in 2023 and is set to witness 5.5% CAGR from 2024-2032, owing to its popularity in a variety of businesses due to its remarkable nutritional and therapeutic qualities worldwide.

The conventional segment recorded USD 185.4 million in 2023, due to being produced on a larger scale due to economies of scale and streamlined manufacturing techniques.

North America market was valued at USD 89.7 million in 2023, attributed to a sizable consumer base and growing knowledge of the health advantages of psyllium husk powder in the region.

Konsyl pharmaceuticals, Now food, Organic india, Patanjali ayurved limited, Raj ganga agro pvt ltd, Satnam psyllium industries, Shree mahalaxmi psyllium pvt ltd, Urvesh psyllium industries limited, and Yerba prime, are some of the major psyllium husk powder companies worldwide.

Psyllium Husk Powder Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 12
  • Tables & Figures: 255
  • Countries covered: 21
  • Pages: 300
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